A retest of new support, set by previous resistence of circa 3.40-3.50, which is by coincidence the cap raising range. My belief is resistance should hold around these levels, then increase quite steadily over the long-term. Positive big case judgements like Wivenhoe and Westgem will reinforce a new rerate and solid trajectory if strategy is executed as planned. So profit taking was triggered by the cap raising, imho
Ann: Acquisition and Associated Equity Raising, page-21
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Last
$1.14 |
Change
0.030(2.70%) |
Mkt cap ! $317.9M | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.15 | $1.11 | $136.8K | 120.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6915 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 3957 | 16 |
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| Last trade - 13.32pm 01/10/2024 (20 minute delay) ? |
| OBL (ASX) Chart |